From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
No, people have been speculating this for some time and I am sure that if that does not happen we are going to have the same discussion during the next month and the month after, the market is not going to move exactly as it did in the past, we are going to need years for the confidence of investors to comeback to the market since they are not going to forget that easily about the huge crash they saw or experimented so a bull run does not make sense now.
Remember the bull market is created by the people and if you take the time to read articles over the Internet about the future of cryptocurrencies you will see that many people are not as positive as before about the future of this market.